While it’s easy to forget (and some people don’t want to remember) the Covid pandemic devastated the cruise industry. All sailings from U.S. ports stopped for a roughly 15-month period and when they returned, things Read more…
TikTok has become a prominent source of shopping and travel information. That’s good if you’re looking for interesting places to eat, previews of places you plan to visit, and insider info on your trip. It’s Read more…
Updated at 9:23 AM EDT U.S. retail sales rose only modestly last month, suggesting that domestic consumers are slowing their spending into the summer, potentially providing further support to market bets on an autumn Federal Read more…
US retail sales rose 0.1% mom to USD 703.1B in May, below expectation of 0.3% mom. Ex-auto sales fell -0.1% mom to 569.0B, worse than expectation of 0.2% mom growth. Ex-gasoline sales rose 0.3% mom Read more…
WTI oil futures swiftly recoup June’s lost ground to trade again above 80 Technical signals return to positive area, but there is another barrier nearby Hopes of increased demand in the next quarter caused WTI Read more…
ECB Vice President Luis de Guindos highlighted the critical role of updated macroeconomic projections in shaping interest rate decisions. During an interview with Spanish state broadcaster TVE, Guindos noted, “The projections are updated every three Read more…
The world’s biggest money managers are plowing cash into the U.S. stock market as American companies continue to outperform their global peers and investors see more record highs over the second half of the year. Read more…
The British pound has edged lower on Tuesday. GBP/USD is trading at 1.2683 in the European session at the time of writing, down 0.16% on the day. There are no UK events on Tuesday, while Read more…
The Reserve Bank of Australia kept its key rate at a 12-year high of 4.35%. The market widely expected the decision, so it did not cause a spike in volatility. However, we note that the Read more…
The dollar index rose on Tuesday, keeping overall positive sentiment, driven by expectations for Fed rate cut in November and recent political turmoil in the Europe, which deflated Euro. Traders look for fresh signals about Read more…